Fed's Brainard delivers sharp rebuke of CRA revamp plan

Wednesday, January 22, 2020 in Press

Fed's Brainard delivers sharp rebuke of CRA revamp plan

A Federal Reserve governor on Wednesday issued a rebuke of several key elements of a new proposal to overhaul enforcement of the Community Reinvestment Act, though she stopped short of criticizing its authors — the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency — by name.

Overall, Federal Reserve Governor Lael Brainard suggested regulators need to take their time in revamping CRA and not rush into changes without proper analysis.


Back to All News

Recent News

Arbitrage Rebate Calculation Services Webinar with Arbitrage Rebate Counselors (ARC)
January 12, 2026

Join IMET for a live webinar featuring John Rogers of Arbitrage Rebate Counselors, who will provide an overview of Arbitrage Rebate Calculation Services (ARCS). This session will highlight how today’s rate environment can affect rebate and yield-restriction outcomes.

Arbitrage Rebate Calculation Services Webinar

Read more
IMET Participant Spotlight: Richton Park
January 06, 2026

In this edition of the IMET Participant Spotlight, we feature the Village of Richton Park and Wasiu Fashina, Assistant Village Manager and Director of Finance, who shares how the Village utilizes IMET to support reserve funds, prioritize safety of principal, and strengthen its long-term financial strategy.

Participant Spotlight Presents: Village of Richton Park

Read more
IMET DECEMBER 2025 Monthly Newsletter
December 18, 2025

Click on the link below to read the latest IMET Monthly Newsletter:

IMET December 2025 - Monthly Newsletter

Read more
IMET Participant Spotlight: St. Clair County
November 25, 2025

In this edition of the IMET Participant Spotlight, we feature St. Clair County Treasurer Andy Lopinot, who shares how the county has utilized IMET for several years to keep its investments safe, liquid, and competitive while strengthening its long-term financial strategy.

IMET Participant Spotlight: St. Clair County

Read more
View All News